Comic Book Memorabilia

Did you know it is possible to get insurance to cover your comic book memorabilia against damages or loss. This type of policy will cover any comic books, comic book art or any other memorabilia belonging to you or someone else that is in your possession. It includes the objects themselves as well as the containers and books that they are stored in. The amount of pay out that you can receive for each claim you submit to the insurance company is limited to 10% of the total cover or $10,000. If you do have an extensive collection, you may have several comics that are worth this much money, so it would be in your best interest to take out insurance on the collection.

In order to have adequate insurance on your comic book memorabilia, you will need proof of an evaluation by a comic book expert. The insurance company will probably not take your word for it regarding the worth of your collection and will require an audit by an independent third party to make sure that your claim is legitimate. Once you have the proper documentation, there is usually no problem in getting the insurance you need to protect your investment.

Even if you have comic book memorabilia insurance, there are certain circumstances where the insurance company will not pay out the money. If the government should seize the collection for any perceived wrongdoing on your part and anything happens to it, the policy will not cover the damages. The same thing applies in the case of any damages caused by war, nuclear hazards, flood or for any damages incurred when you have the collection on exhibit. It really covers you just in case your home burns down and you lose all the memorabilia you have collected over the years.